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Posted AT 12:57 PM EST on 23/06/08

Bidding in wireless auction pushing $4-billion

The Canadian Press

MONTREAL — Bidding was pushing $4-billion in Canada's wireless spectrum auction that's aimed at bringing more competition to the domestic cellphone market. Rogers Communications Inc. was leading the way with a $900.9-million bid for 53 licences. Industry Canada says Telus Corp. had bid $816.4-million for 57 licences. Bell Mobility had bid $680.3-million for 49 licences.

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